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President Donald Trump’s “Big Beautiful Bill” is being distributed Billions in tax breaksA new analysis from the office of Senator Elizabeth Warren (D-Mass.) shows just how important these amounts are. Under the law, Alphabet, Google’s parent company, would save about $17.9 billion in taxes this year, an amount Warren’s office found would have paid for Supplemental Nutrition Assistance Program (SNAP) benefits for 7.5 million Americans.
That amount could cover Medicaid for about 2.3 million adults, or 5.4 million children, according to Warren’s office. Amazon’s expected tax break for this year is similarly large at about $15.7 billion — enough to provide SNAP benefits for 6.6 million Americans, or Medicaid for 2 million adults. Meanwhile, a tax cut that Microsoft estimates would be worth $12.5 billion in 2026 could lower Affordable Care Act (ACA) premiums for 1.9 million people.
“Donald Trump and Republicans in Congress are depriving millions of Americans of their health insurance and depriving their families of food aid — all so they can fund massive tax cuts for billionaires and giant corporations,” Senator Warren says in a statement provided to the Post. Edge. “This is a matter of priorities: Trump and the Republicans are fighting for their fellow billionaires, while the Democrats are fighting for American families.”